The workers falsely claim to be from countries including Italy,...
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Firm issued fake insurance for Russian oil tankers, Norway’s regulator says
Such vessels are not regulated or covered by conventional Western...
Govt forms high powered panel to revamp pricing and reinsurance mechanisms for PMFBY
The committee will be chaired by additional secretary (Crop...
position India as market leader in cybersecurity, says Ashwini Vaishnaw
IT Minister Ashwini Vaishnav The minister noted that technology had ushered a clear convergence of computing, communication and sensors, with a reduction in cost, and a phenomenal increase in capabilities and complexities. "All three have combined together…we have a...
Swiss Re PARTNERS Baidu for risk expertise and insurance innovation in autonomous driving
Andrea Keller, Head of Automotive & Mobility Solutions at Swiss Re, said: “Together with our partner Baidu, we analyse how automated cars perceive their surroundings and how they process that information and respond to it. Our goal is to understand how such...
India could bar transactions in crypto, permit holding as assets
India's Prime Minister Narendra Modi last week chaired a meeting to discuss the future of cryptocurrencies amid concerns that unregulated crypto markets could become avenues for money laundering and terror financing, sources had said on Saturday. MUMBAI: India is...
AXA XL Partners with Cambridge Centre for Risk Studies to Launch Online Disaster Recovery Hub
The Report highlights that the global annual average loss from natural disasters has risen from $27 billion during 1970-80 to nearly $200 billion during 2010-2019, driven mostly by global economic development and the rising value of assets in hazardous areas,...
New Research on Looming Threat of Global Insurance Raises Alarms
The study was conducted in partnership with IBM and Luxoft. "We've seen organized scammers exploit the telehealth system; intercept personal information through phishing scams and other data harvesting schemes; carry out ransomware attacks; and run a number of...
Combustion of coal has led to increase in premature mortality rate in India: Lancent Report
Data from the 2021 global Lancet Countdown report shows that there has been a nine-per cent increase in the number of deaths related to coal-derived PM2.5 in India in 2019 compared to 2015. New Delhi:The combustion of coal, mainly in power plants followed by...
US health agency eases Covid-19 travel advisory for India, Pakistan
In its advisory for India, the State Department urged US citizens not to travel to Jammu and Kashmir due to terrorism and civil unrest, and also within 10 kilometres of the India-Pakistan border due to the potential for armed conflict. "Indian authorities report rape...
Russian test blamed for space junk threatening space station
A Russian weapons test created more than 1,500 pieces of space junk that is now threatening the seven astronauts aboard the International Space Station, U.S. officials said Monday. The State Department confirmed that the debris was from an old Russian satellite...
US auto safety regulators looks into complaints on Tesla autonomous vehicle
The inquiry is another sign that NHTSA is becoming more aggressive in watching autonomous and partially automated driving systems under President Joe Biden. In the past the agency has been reluctant to regulate the systems, saying that it didn't want to delay...
Crypto finance: Jayant Sinha-led Par panel to gather views from crypto exchanges, stakeholders
"We have called stakeholders from across the industry including operators of major exchanges, members of CII as well as academics from the Indian Institute of Management (IIM) Ahmedabad, who have done a very thorough study on the crypto finance," Sinha told New...